Dec 6, 2012 1:00pm PST
is going to be taken from you from taxes or higher energy costs. manufacturers are really trying to figure out what is next? what is on the horizon. they need certainty and they need positive certainty that whatever happens on the fiscal cliff is not going to impact them in a very negative way. >> what if it is a bad deal though? we talked about one disproportionately skewed in higher taxes. sometimes i think and i could be out to lunch on this that a bad deal would be worse than a no deal. >> see, i tend to agree with you. when you talk about certainty there is also as you just pointed out bad certainty. you don't want to have that. and when some folks in washington are talking about raising individual tax rates, what they are really saying is we are going to raise tax rates on small businesses. two-thirds of manufacturers pay taxes at an individual tax rate. it doesn't make sense. if you want to grow the manufacturing sector it doesn't make sense to take money away. >> we are getting indications and it looks like they will have food in the senate cafeteria. more after this. >>> all right
Dec 11, 2012 1:00pm PST
: this is a tough energy and now have you shortened it. in your get do you think a deal will be made? >>guest: i do. i'm not too worried about the parliamentary procedure because you can all override that but it does lend urge answer to it. i find it hard to believe we are going to push everything over this cliff just -- i think the markets will react. you know we more about that, than i do. without that we are staying at things and seeing businesses and early sell of stocks to get money and dividends and taking the money and run now. what i would like to see, and why mean to be too partisan when i say this but i am clearly partisan, why not do what ronald reagan did? why not do what public pick -- bill clinton did, call the men and women over to the oval office. i would like to see, look, we are going to sit here until midnight and we will lay things out and we will be able to come out and stand before the american people and say we have reached an agreement. the approval ratings would go from now at 10 percent or 11 percent, below journalists of all things, of all things, and --. >>neil: that mak
Dec 12, 2012 1:00pm PST
will talk to a democrat shortly, and that is where you are stalled. >>guest: absolutely. if you did energy the president wants it do raise taxes on income and on dividends and capital gains which is harmful to the economy, you only generate next year $68 billion which funds the government for less than a week. what do you do the other 51 weeks of the year? you have a weak sluggish stagnant economy that is growing more slowly than two years ago when the president we cannot raise taxes and at that time growth was stronger than it is today and now he seems to have the obsession with raising taxes and especially raising taxes on small business. republicans believe spending has to be in the equation. can you not solve what airlines this country and what is going to help our long term fiscal solvency unless you deal with spending and entitlement reform. that is why we believe that has to be part of the solution. >>neil: thank you, senator. hope you are nut there through christmas. >> the president says he is prepareed to do some tough cuts. but what in congressman, what are you open to cutting?